In order to complete this project, Yeida needs 1,365 hectares of land, but 814 of those hectares have already been purchased, according to officials.
According to authorities informed of the initiative, the Yamuna Expressway Industrial initiative Authority (Yeida) is moving quickly to acquire property for the maintenance, repair, and overhaul (MRO) hub, a critical component of the Noida International Airport’s second phase.
Officials claim that out of the 1,365 hectares needed for this project, Yeida has already purchased 814 hectares of land.
The MRO policy was authorized by the Uttar Pradesh cabinet last year in order to hasten the facility’s installation at the airport.
The Noida airport is intended by the state government to serve as a significant hub for airline operations, freight transfers, and MRO services.
Out of the 1,365 hectares that will be used for the MRO hub project, we have purchased 814 hectares of property. Arun Vir Singh, chief executive officer of Noida International Airport Limited (NIAL) and Yeida, said, “We have accelerated the work on this project because we are likely to issue a global tender by October 20 to finalize a company that will develop and operate this mega project, part of the Noida International Airport, likely to become operational next year.
Out of the 3,900 crore that Yeida has allocated as compensation for the 814 hectares of land seized, 2,800 crore have already been disbursed. Balram Singh, a district magistrate of Gautam Budh Nagar and additional, said, “The compensation distribution for the remaining land is proceeding so that we may complete the purchase as soon as feasible.
6000 hectares of land at Jewar along the Yamuna Expressway have been designated by the Yeida for the construction of a civil aviation hub. The Yamuna International Airport Private Limited, which will complete airport work and begin operations by September 29, 2024, has already received 1334 hectares of land under phase I.
“Under the second phase, the civil aviation department would receive 1365 hectares of land for the creation of the MRO center, which is anticipated to draw investors from all over the world. The MRO hub will increase local employment and the local economy in this area, according to Singh.
These 1365 hectares of land are being purchased by the administration from a number of villages, including Jewar Bangar, Madalpur, Faileda, Karauli, Tirthali, Dhanpura, and Mahndipur.
The 1365 hectares of land needed for the MRO hub are owned by at least 13000 farming people. A township would be constructed on 212 hectares of land in Madalpur village near the Yamuna Expressway to provide rehabilitation services for these families. We are wrapping up the necessary procedures to help these farmers,” stated Singh.
Following the requisite procedures, it is anticipated that the development of the MRO hub will take two to three years once the global tender is released.
Source- Hindustan times
Link- https://www.hindustantimes.com/cities/noida-news/yeida-expedites-land-acquisition-for-noida-airport-s-mro-hub-101696788747411.html
